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HomeMy WebLinkAboutOrdinance No. 117T rr ORDINANCE NO. AN ORDINANCE OF THE CITY OF THE COLONY, TEXAS, AUTHORIZING THE CITY MANAGER TO EXECUTE A GROUP INSURANCE CONTRACT WITH THE AETNA LIFE AND CASUALTY COMPANY FOR A POLICY OF GROUP ACCIDENT AND HEALTH INSURANCE FOR EMPLOYEES; AUTHORIZING THE CITY MANAGER TO EXPEND FROM THE GENERAL FUNDS OF THE CITY SUCH AMOUNTS AS ARE NECESSARY TO PAY THE PREMIUMS THEREON BEGINNING SEPTEMBER 1, 1980; DECLARING AN EMERGENCY AND PROVIDING AN EFFECTIVE DATE. SECTION 1. The City Manager of the City of The Colony, Texas, is hereby authorized to execute a contract of group insurance for the purehase of group accident and health insurance coverage for employees of the City of The Colony. A copy of the group insurance contract is attached hereto as Exhibit "I" and made a part hereof for all purposes. SECTION 2. The City Manager is further authorized to expend from current revenues such funds as are necessary to make the premium payments on such group insurance contract for employees beginning September 1, 1980. SECTION 3. The dependents of any employees may be insured under such group contract of insurance and the premiums for such dependents' coverage paid by the employees. In no event shall any premium for coverage of any dependent of any such employee be paid by funds of the City of The Colony. SECTION 4. The fact that there is a public emergency affecting life, health, property and public peace of the City of. The Colony creates an urgency and an emergency and requires that this ordinance take effect immediately from and after its passage as the law and charter in such cases provide. DULY PASSED AS AN FMFRrFNCY ORDINANCF ON THE .___i____. PAY OF SEPTEMBER, 1980. APPROVED: /1 DULY RECORDED: APPROVED AS TO LEGALITY kFTHE FORM: CITY ATTOR NEY